Posted on 06/29/2008 5:43:10 AM PDT by Liz
Spitzer "actually enjoyed destroying people," said a former NYSE managing director, Richard Riker. "Spitzer's legacy is tarnished and trashed because of [the prostitution scandal that led to his resignation] and the Richard Grasso lawsuit suit." "[The Court of Appeals decision upholding Grasso's pay package] becomes part of the realization that Spitzer was no more than a legal lightweight who bullied and slashed his way through Wall Street using the power of his office," Riker said. Spitzer's personal reputation was already in tatters. Revelations that Spitzer had a years-long addiction to high-priced prostitutes - and that he might be indicted himself on charges related to his sex romps - drove him from office and shredded his personal reputation. His courtroom losses are now laying waste to his legacy as an efficient and level-headed sheriff. For Spitzer, who may be indicted before the summer is through, the outcome may be a bit more harsh.
(Excerpt) Read more at nypost.com ...
For his two campaigns, Spitzer spent a total of about $12M, mostly personal funds and bank loans. Spitzer borrowed about $5M from his father to help settle loans, and was earning $200,000 a year consulting for his father.
Between 2000-2004, the "charity" gave $101,000 to NARAL's foundation. NARAL also has given $10,500 to Spitzer's two campaigns and endorsed him.
The Bernard and Anne Spitzer Charitable Trust - on which Eliot, Daniel and their parents are board members - gave a total of $66,000 in 2004 to NARAL Pro-Choice New York, the radical abortion rights group; the Drum Major Institute, a think tank; and the Progressive America Fund, a voter mobilization effort.
These groups, whose leaders backed Spitzer for governor, received $75,000 from his "charity" between 2000 and 2003. Donations to Spitzer's political allies were apparently a fraction of $2.6 million (?) the Spitzer Foundation supposedly awarded in 2004.
REFERENCE The Bernard & Anne Spitzer Charitable Trust Inc. (Formerly: The Bernard & Anne Spitzer Foundation Inc.)
730 5th Ave----Suite 2202
New York, NY 10019-4105
Telephone: (212) 765-5170
Bernard Spitzer, President; Anne Spitzer, Treasurer. Board members--Eliot and his brother Dr Daniel Spitzer.
Type of foundation: Independent
Fiscal Date: 12/31/05
Assets: $35,115,418 Total Giving: $578,663
EIN:137298842
Most Recent IRS Filing: View 0990 FORM http://72.14.205.104/search?q=cache:l2QSwTcRe2YJ:foundationcenter.org/cgi-bin/ffindershow.cgi%3Fid%3DSPIT004
0990 FORM FINDER http://dynamodata.foundationcenter.org/990s/f990_pdf?idx=13&ein=137298842&fd=123105&fn=The%20Bernard%20%26amp%3B%20Anne%20Spitzer%20Charitable%20Trust%20Inc.%3Cbr%3E730%205th%20Ave.%2C%20Ste.%202202%3CBR%3ENew%20York%2C%20NY%2010019-4105%3CBR%3E&a.pdf
EXACTLY.
He is looking for places to ‘retire to’ should he actually be faced with jail time.
Spitzer is, above all else, a coward.
The Spitzer family is a power hungry criminal enterprise and should be indicted...all of them.
AMEN!!
AMEN!!
And Bill is now persona non grata!! It's a WIN-WIN-WIN-WIN situation!
The chastisement of the Almighty is upon him and there is no escape.
I’m sure Spitzer can hear the IRS and FEDs whispering into his ears: “Hi GI - I Fxxx you long time”....
And I might add — LONG overdue...
Rep. Michael Arcuri should be hearing the same whispers in his ears!
Are there ANY righteous politicians in all of New York?
Given the political situation in NY, I believe the voters there would choose a Ted Kennedy in a heartbeat.
So much for brains-a Harvard grad no less.Rhetorical question:Did Spitzer ever stop to consider that while he was consorting with prostitutes he left himself open to blackmail?
As FReeper justa-hairyape famously posted: " Here Countrywide's Mozilo demonstrates that you still can fit into a Lamborghini even with 2 US Senators in your back pockets. "
"You peons will never know how profitable it is to be connected," Mozilo said.
Right.
May the same karma happen to Hillary and Bill.
Poor Tim Russert is dead though. Makes you wonder, with Bill & Hill's record of dead bodies lying all over the place.
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